• Most Popular
  • Most Shared

Midwest to offer 2 classes of seats on all flights

Tue May 29, 2007 8:56pm EDT

Stocks

   

NEW YORK, May 29 (Reuters) - Midwest Air Group Inc. MEH.A, which is trying to evade a takeover by rival AirTran Holdings Inc. (AAI.N), said on Tuesday it will offer two classes of seats on all flights by next year, boosting its overall seat capacity 12.5 percent.

Mergers & Acquisitions

Midwest, parent of Midwest Airlines, said its dual seating option includes wide, leather "Signature" seats arranged in rows of two, and smaller "Saver" seats. The seats will be available this fall on flights of its longer-distance MD-80 aircraft and in mid-2008 on its Boeing Co. (BA.N) 717 fleet.

Overall, the company projects the move will generate an additional $30 million to $35 million in annualized revenues.



More from Reuters

Photo

Senate on verge of passing healthcare bill

WASHINGTON (Reuters) - Senate Democrats cleared the last 60-vote hurdle on President Barack Obama's healthcare overhaul on Wednesday, virtually ensuring final passage of its version of the biggest health policy changes in four decades.

An Iranian woman supporting former prime Mmnister Mirhossein Mousavi, who is a candidate for the upcoming presidential elections, covers her face with his picture during a pre-election gathering at a stadium in Tehran June 9, 2009. REUTERS/Damir Sagolj

A nation on the brink?

Nukes may not be the only ticking clock in Iran. The reformist movement is swelling and "it is going to get very violent."  Full Article 

A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos.  Commentary | Video